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Green energy stock in focus after receiving ₹208 Cr supply order for solar modules to NTPC
Shares of a leading player in solar panel module manufacturing slumped nearly 5.3 percent on BSE to Rs. 3,358 on Friday, despite the company receiving an order worth Rs. 208.3 crores for the supply of Solar PV Modules at NTPC Khavada Gujarat Site. With a market cap of Rs. 7,068.3 crores, at 11:12 a.m., the [...]
Chemical stock jumps after reporting 113% QoQ increase in net profits; Announces 800 Cr Capex
The shares of the fertilizer manufacturer gained up to 2 percent after the company’s net profit and revenue increased by 113 percent and 57 percent in Q2FY25, respectively. With a market capitalization of Rs 47,714.11 crore, the shares of Coromandel International Limited were trading at Rs 1,620.00 per share, increasing around 1.07 percent as compared [...]
Stock in which Vanguard Fund bought fresh stake in Q2; Are you holding any?
Vanguard is one of the world's largest investment management companies, known for its low-cost mutual funds and exchange-traded funds (ETFs). It offers a wide range of index funds and actively managed funds, catering to both individual and institutional investors. As of September, Vanguard Fund holds approximately Rs. 52,823 crore worth of shares across 36 companies [...]
Defence stock jumps after receiving order worth $16 Mil from Honeywell Aerospace, USA
Shares of one of the only Indian manufacturers of highly engineered, complex, mission and life-critical high-precision components surged nearly 2 percent on BSE to Rs. 1,492.75 on Thursday, after receiving an order worth $16 million from Honeywell Aerospace, USA. With a market cap of Rs. 8,597 crores, the shares of Azad Engineering Limited opened in [...]
Semiconductor stock hits 5% upper circuit after company’s net profit increases by 170% YoY
During Thursday’s trading session, the shares of a semiconductor and product engineering solutions company hit a 5 percent upper circuit at Rs. 226.15 on BSE, after the company reported Q2 FY25 results with a rise in the net profit of around 144 percent QoQ and 170 percent YoY. With a market cap of Rs. 4,291 [...]
Mukul Agrawal stock jumps 6% after reporting 115% QoQ increase in net profits; Announces stock split
Shares of one of the leading pharmaceutical companies in India surged 6 percent on BSE to hit a new 52-week high at Rs. 499.8 on Thursday, after reporting Q2 FY25 results, with a rise in the net profit of 115 percent QoQ and 53 percent YoY, along with the Board’s approval for a stock split. [...]
Railway stock jumps 6% after receiving order worth ₹144 Cr from Govt of Gujarat
Shares of this Navratna PSU, which specialises in nationwide broadband, VPN services, and telecom networks for Indian Railways, has received an order worth Rs.144 crore from Gujarat Government for the supply, installation, commissioning, and operation maintenance of CCTV video surveillance systems across various locations. Price Movement With a market capitalization of Rs.13,211 crore, share price [...]
EV stock jumps after receiving order from Chennai MTC for 500 electric buses
During Thursday’s trading session, the shares of India’s leading commercial vehicle manufacturer surged nearly 2 percent to Rs. 218.3 on BSE, after the company’s subsidiary secured order for 500 Electric Buses from Metropolitan Transport Corporation (MTC), Chennai. With a market cap of Rs. 63,515 crores, at 12:01 p.m., the shares of Ashok Leyland Limited were [...]
Midcap stock jumps 15% after company’s net profit increases by 360% YoY
The shares of the healthcare solution provider gained up to 15 percent after the company’s net profit magnified multifold times by 360 percent YoY and 128 percent QoQ in Q2FY24. Piramal Pharma Ltd has a market capitalization of Rs 32,818.89 crore, the shares were trading at Rs 247.55 per share, increasing around 14 percent as [...]
Smallcap stock jumps 18% after reporting 124% QoQ increase in net profits
The share price of this prominent credit rating agency in India jumped by 16 percent on Thursday, driven by an impressive 124 percent quarter-on-quarter increase in net profits. This rise was also bolstered by strong revenue growth reported in its most recent quarterly results. Share Price Movement In Thursday’s trading session, CARE Ratings Ltd share [...]
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Top Editor’s Pick
Why Mutual Funds Remain a Popular Choice in 2025
You’re not alone if you’ve been thinking more seriously about where your money goes. With daily expenses rising and long-term goals in sight, it’s only natural to look for ways to grow your savings without constant monitoring. That’s where mutual funds come into the picture. They’ve quietly remained a favourite for many over the years. [...]
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
Latest Market News
Telecom firm blocks nearly 8,000 SIM cards after MP cyber police notice
Gwalior, Mar 22 (PTI) The Madhya Pradesh cyber police have directed various telecom companies to block SIM cards issued on fake identity proofs, following which a leading firm has blocked nearly 8,000 SIM cards, a senior official said on Tuesday. Acting on the complaint of a person who was allegedly duped of Rs 1.75 lakh [...]
Only 70% of phase-I of IICC project completed even after delay of 3 yrs: Par panel
New Delhi, Mar 22 (PTI) Expressing disappointment over the slow pace of work for the construction of phase-I of the India International Convention Centre project, a Parliamentary panel on Tuesday asked the DPIIT to closely monitor its progress.Located in Sector 25, Dwarka here, the India International Convention Centre (IICC) will be a modern exhibition-cum-convention centre, [...]
Detect Technologies inks global agreement with Shell
Chennai, Mar 22 (PTI): Industrial artificial intelligence and software as a service enterprise provider Detect Technologies on Tuesday said it has signed a global agreement with energy company Shell to deploy its integrated AI Solution 'T-Pulse' across operations of the Shell. This makes Detect -- the first technology start up which was part of the [...]
Halted due to COVID, Sundaram Finance relaunches open air mikeless concert
Chennai, Mar 22 (PTI) The mikeless concert aimed at providing opportunities for children below the age of 15 years, organised by city headquartered non-banking finance company Sundaram Finance would be conducted after a gap of two years, the company said on Tuesday. The monthly concert, organised on the first Sunday of every month at the [...]
HarperCollins India announces the publication of The Book of Bihari Literature
NEW DELHI, March 22, 2022 /PRNewswire/ -- On the occasion of Bihar Day, HarperCollins India announces the publication of The Book of Bihari Literature, edited by poet–diplomat Abhay K., in October 2022. About the book Bihar has a long history that dates back to the foundation of the Mahajanapada (Great Kingdom) of Magadha in southern [...]
COMMODITY PRICES
SLUG : COMMODITY PRICES BCM : ESPL/ECO/COM MUMBAI, MAR 22 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 800.00 COPPER HEAVY SCRAPS 787.00 COPPER ARMATURE (CREDIT) 775.00 COPPER UTENSILS SCRAP 715.00 CC ROD 840.00 BRASS :- BRASS SHEET CUTTING 575.00 BRASS UTENSIL SCRAP 538.00 BRASS HONEY 515.00 ALUMINIUM :- ALUMINIUM UTENSIL [...]
IndoSpace enhances presence in west region with two logistics parks in Gujarat
Mumbai, Mar 22 (PTI) Industrial and logistics parks developer IndoSpace on Tuesday said it is enhancing its presence in the west region with investments in two significant projects near Ahmedabad in Gujarat. Spread over 90 acres, these two facilities are located in Becharaji and Bavla in Gujarat. The company did not disclose the quantum of investment [...]
Link Group Launches Operations in Pune To leverage the City’s talent pool in Financial Services and Technology
SYDNEY and PUNE, India, March 22, 2022 /PRNewswire/ -- Link Group, a global, digitally enabled business connecting millions of people with their financial assets, today announced the opening of its second capability centre in India, situated in Embassy Tech Zone, Hinjewadi in Pune. The company further announced plans to initially recruit up to 400 talented [...]
Poly Research Reveals Nearly 74% of Indian Employers Agree that Hybrid Working is the Future
- New Global Survey, Recruit, Retain and Grow research by Poly uncovers the blueprint for hybrid working NEW DELHI, March 22, 2022 /PRNewswire/ -- Poly (NYSE: POLY) today released a new report examining how organizations respond to employees' demand for ideal work spaces and work styles. The new Poly study, Recruit, Retain and Grow, analyzes [...]
ArcelorMittal ties with Greenko Group to develop a 975MW RE project
New Delhi, Mar 22 (PTI) Global steel and mining firm ArcelorMittal on Tuesday announced its strategic partnership with Greenko Group for developing a round-the-clock renewable energy project with 975 MW of nominal capacity. "ArcelorMittal today announces it has established a strategic partnership with Greenko Group, India's leading energy transition company, to develop a 'round the [...]
An Innovative Journey Dedicated to Local Sustainability: Official Swiss Network in India Launches Swiss It On Wheels
New Delhi, Delhi, India – Business Wire India The official Swiss diplomatic network in India launches an exclusive Swiss it! bus which will travel through various parts of India with the objective to showcase Switzerland’s commitment to sustainability and innovation. The Swiss it! bus will tour (virtually and physically) through about 28 cities[i] in India [...]
Cost of EVs to be at par with petrol-run vehicles in 2 years: Gadkari
New Delhi, Mar 22 (PTI) Road Transport Minister Nitin Gadkari on Tuesday said rapid strides in technology and green fuel will reduce the cost of electric automobiles, bringing them at par with petrol-run vehicles in the next two years.Replying in the Lok Sabha on the Demands for Grants for Road Transport and Highways Ministry, 2022-23, [...]
Modi govt will continue making fertilizers available to farmers: Union Minister in LS
New Delhi, Mar 22 (PTI) The government on Tuesday assured Lok Sabha that it will continue to make fertilizers available to farmers after a member raised the issue, saying there is a decline in the domestic production of the crop-nutrient this year with inadequate supply of ammonia and potassium from Russia and Ukraine. Union Minister [...]
A Hitherto Untold Account of Sri Sri Ravi Shankar’s Relentless Peace work in Sri Lanka
Bengaluru, Karnataka, India (NewsVoir) The Art of Living launched - The Tiger’s Pause: The Untold Story of Sri Sri Ravi Shankar’s Peace Efforts in Sri Lanka by Swami Virupaksha, a detailed, humane and pacy narration of the final stages of the Sri Lankan civil war seen through the lens of Sri Sri Ravi Shankar’s peace [...]
Pickyourtrail raises undisclosed funding
Chennai, Mar 22 (PTI) Travel company Pickyourtrail on Tuesday said it has raised an 'undisclosed funding' to continue gaining leadership in the leisure space and be the preferred brand for new-age travellers across the world. The funding has been raised from Cred CEO Kunal Shah, Ex Blume Ventures official Adit Parekh and IIFL Wealth Executive [...]
24th Annual Free Mega Limb Camp in Bengaluru from March 21st-27th
Free distribution of Jaipur artificial limbs, callipers and forearm fitments from 21st March, 2022 to 27th March, 2022 Bengaluru, Karnataka, India (NewsVoir) Rotary Bangalore Peenya of RI District 3190 in association with Shri Bhagwan Mahaveer Viklang Sahayatha Samithi, Jaipur has organised the 24th Annual Mega Limb Camp in Bengaluru from March 21 to March 27, [...]
Atmanirbhar mission not leading India towards closed economy, says Niti VC
New Delhi, Mar 22 (PTI) NITI Aayog on Tuesday sought to dispel the fear that India is favouring a closed economy by promoting 'Atmanirbhar' mission, and said the country can achieve better results for its people by having a deeper engagement with the global supply and value chain. Inviting Japanese investors to set up companies [...]
EVRE raises funds from Acko Tech, CreedCap Asia Advisors
Mumbai, Mar 22 (PTI) Integrated charging infratech firm EVRE on Tuesday said it has raised capital in a pre-series funding round led by Acko Technology & Services and CreedCap Asia Advisors. The fresh capital will be deployed in capacity expansion and R&D, EVRE said in a statement. Financial details of the deal were not disclosed. [...]
OILS & SEEDS PRICES
MARCH 22,2022 MUMBAI, (PTI) OILS (per 10 Kgs) OIL SEEDS (per 100 Kgs) Gr. Kernel 7900.00 Gr. Bolds 60/70 8750.00 Gr. Javas 60/70 10150.00 Gr Javas 70/80 10050.00 Gr.Javas 80/90 9550.00 Kardiseed 2pct Crug/Expo 5900.00 Seasameseed Whitish 98/2 10000.00 Whitish 95/5/FFA/1FM 9800.00 Brown 48/2 FFA/4 FM 9400.00 Brown 48/3 FFA/4 FM 9100.00 Brown 48/4 FM/* [...]
Punjab Assembly passes vote-on-account of Rs 37,120 cr
Chandigarh, Mar 22 (PTI) The Punjab Assembly on Tuesday passed a vote-on-account of more than Rs 37,120 crore to meet the state government's expenditure for the first three months (April to June) of the financial year 2022-23. Finance Minister Harpal Singh Cheema moved the Punjab Appropriation (Vote-On-Account) Bill, 2022 on the concluding day of the [...]
Hester Biosciences to foray into pet care segment from April
New Delhi, Mar 22 (PTI) Hester Biosciences on Tuesday said it will foray into the rapidly growing pet care segment from the next month. With a growth rate of 14 per cent this year, India has the fastest-growing pet care market worldwide, which brings exciting and valuable opportunities for the poultry vaccine maker, the Ahmedabad-based [...]
JFL to acquire Golden Harvest’s remaining 10% stake in Jubilant Golden Harvest JV
New Delhi, Mar 22 (PTI) Jubilant Food Works on Tuesday said it will acquire the remaining 10 per cent share in its joint venture Jubilant Golden Harvest from Golden Harvest.After this, Jubilant Food Works (JFL) would have Golden Harvest's 49 per cent stake in the JV, making JGHL, which offers domino’s pizza in Bangladesh, a [...]
Government hikes MSP of raw jute Rs 250 to Rs 4750 per quintal
The government has increased the minimum support price (MSP) of raw jute by Rs 250 to Rs 4,750 per quintal for the 2022-23 season. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved the MSP for raw jute for the 2022-23 season. The approval is based on recommendations of [...]
Aquaconnect raises USD 8 mn in debt from Trifecta Capital
Mumbai, Mar 22 (PTI) Aquaconnect, which is an aquaculture inputs and outputs platform, has raised Rs 60 crore or around USD 8 million in a venture debt funding round led by venture debt firm Trifecta Capital. The Chennai-based startup will use the money to strengthen its network of aqua partners and its post-harvest market linkage [...]
Vedanta seeks minimum $19 for gas from Gujarat block
Billionaire Anil Agarwal's Vedanta Ltd is seeking a minimum USD 19 price for natural gas produced from a field off Gujarat as it looks to cash in on the recent surge in global energy prices. The firm has called for bids for the sale of 0.25 million standard cubic meters per day of gas produced [...]
B2B payments app Rupifi raises USD 8mn in debt
Mumbai, Mar 22 (PTI) Rupifi, an embedded fintech player operating in the B2B payments space through its buy-now-pay- later (BNPL) and SME-focused commercial cards, has secured USD 8 million debt from venture capital funds led by Alteria Capital, Trifecta Capital, and Innoven Capital. This funding is an extension of USD 25 million series-A round that [...]
Pinnacle Industries forays into EV components business
Automotive seating, interiors, and special application vehicles maker Pinnacle Industries on Tuesday announced its foray into electric vehicle (EV) components business. As part of its strategy to become an end-to-end EV components and solutions provider, the company has introduced a range of precision EV components for two and three-wheelers, Pinnacle Industries said in a statement. [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 22 (PTI) Guar seed prices on Tuesday rose by Rs 37 to Rs 6,131 per 10 quintals in the futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed for March contracts increased by Rs 37 or 0.61 [...]
Guar gum futures gain on spot demand
New Delhi, Mar 22 (PTI) Guar gum prices on Tuesday gained Rs 73 to Rs 11,270 per five quintals in the futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for April delivery traded higher by 0.65 per cent or Rs 73 to Rs 11,270 [...]
Airtel upgrades parental policy benefits for staff to drive inclusive goals
New Delhi, Mar 22 (PTI) Telecom operator Bharti Airtel on Tuesday said it has enhanced parental policy benefits for its employees by including special childcare allowance and flexible working option for new mothers with an aim to drive diverse and inclusive workplace goals. Apart from 26 weeks of maternity leave, women employees returning to work [...]
Arvind’s board appoints Swayam Saurabh as CFO; reappoints Sanjay Lalbhai as CMD
New Delhi, Mar 22 (PTI) Leading textile manufacturer Arvind on Tuesday said it has appointed Swayam Saurabh as its Chief Financial Officer with effect from March 22.Saurabh was earlier the CFO of ride-hailing app Ola.He will replace Jayesh Shah, who will continue as a whole-time director of the company and Group CFO, Arvind said in [...]
Strong demand prospects for renewable energy projs in commercial, industrial segment: Report
New Delhi, Mar 22 (PTI) Rating agency ICRA on Tuesday said there are strong demand prospects for renewable energy projects in the commercial and industrial segment but regulatory risks pose challenges. The demand prospects for RE (Renewable Energy) capacity addition by Commercial & Industrial (C&I) segment are expected to remain solid, given the improved tariff [...]
Continental plant crosses 50 lakh cumulative production mark for electronic brake systems
New Delhi, Mar 21 (PTI) Technology company Continental on Tuesday said its Gurugram plant has crossed 50 lakh cumulative production milestone for Electronic Brake Systems (EBS). The company said it has achieved the milestone in just five years, ensuring the production schedule remained unaffected despite the COVID-19 pandemic. The EBS portfolio comprises Electronic Stability Control [...]
Energy transition to create 3.2 million jobs by 2050, says Bhagwanth Khuba
New Delhi, Mar 22 (PTI) Union Minister Bhagwanth Khuba on Tuesday stressed the need for the energy transition in view of rising demand, which can eventually help create 3.2 million jobs by 2050.The minister of state for new & renewable energy was speaking at a curtain raiser event for the third edition of Hybrid Conference [...]
Crude oil futures gain on spot demand
New Delhi, Mar 22 (PTI) Crude oil prices on Tuesday surged by Rs 212 to Rs 8,543 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 212 or 2.54 per cent to Rs 8,543 per barrel in 7,644 [...]
Equinix to invest over USD 9 million for expansion in Chennai
Chennai, Mar 22 (PTI): Equinix, a digital infrastructure company on Tuesday said it would invest over USD 9 million to acquire land on a long-term leasehold basis as part of its expansion and growth strategy in the city. The parcel of land located in State Industries Promotion Corporation of Tamil Nadu (SIPCOT), Siruseri on the [...]
TCS, IIT-Madras team up to launch M.Tech programme in industrial Artificial Intelligence
New Delhi, Mar 22 (PTI) India's largest IT services company Tata Consultancy Services (TCS) has partnered with IIT-Madras to launch an M.Tech programme in industrial Artificial Intelligence (AI) for working professionals.Designed in consultation with TCS, the 18-month-course will be offered by IIT-Madras in online live teaching mode through virtual classrooms, the company said in a [...]
Indoco Remedies gets final USFDA nod for Lacosamide tablet
New Delhi, Mar 22 (PTI) Pharmaceuticals firm Indoco Remedies Ltd on Tuesday said it has received final approval from the US health regulator for its generic Lacosamide tablet indicated for prevention and control of seizures.The approval granted by the US Food & Drug Administration (USFDA) for Lacosamide tablets is for strengths of 50 mg, 100 [...]
Axis My India Launches ‘Mission India’, Calls for Likeminded Young Workforce to Join the Company
Mumbai, Maharashtra, India (NewsVoir) • The company inspires youth to contribute to its mission of improving and connecting 25 Cr. Indian households • The campaign aims at attracting talent in IT, Analytics, Research and operations, calls for 5000 youth Axis My India, a leading consumer data intelligence company today announced the launch of, Mission India, [...]
RED FM is Back with Superhits Marathi Film Festival Season 3
Pune, Maharashtra, India (NewsVoir) 93.5 RED FM, India’s leading private radio and entertainment network today announced the third season of ‘Superhits Marathi Film Festival’. This festival will celebrate the essence of Marathi cinema. The festival starts on 25th March with RED FM Pune's favorite RJ - Kallakar Shruti. The objective of celebrating this festival is [...]
OYO to offer free accommodation to Ukraine refugees
New Delhi, Mar 22 (PTI) Homegrown hospitality technology platform OYO on Tuesday said it will offer free accommodation to refugees fleeing Ukraine.Starting with Poland, the company has initiated concerted efforts to appeal to its 600-plus Belvilla homeowners on its platform in Poland to open their holiday homes to refugees."These stays will be free for refugees [...]
‘The Kashmir Files’ storms box office, ‘Bachchhan Paandey’ underperforms
Mumbai, Mar 21 (PTI) The Hindi film box office witnessed a surprising turn of events in the last two weeks, where a virtually muted release like "The Kashmir Files" scripted history, while superstar Akshay Kumar's big scale action drama "Bachchhan Paandey" performed below expectations, according to trade pandits.Vivek Agnihotri's drama "The Kashmir Files", based on [...]
Lanka deploys troops to filling stations as queues for fuel lengthen
Colombo, Mar 22 (PTI) Sri Lanka on Tuesday deployed military personnel at state-run petrol pumps to monitor and manage fuel distribution amidst a shortage that led to serpentine queues of consumers outside filling stations. The island nation is facing an acute economic and energy crisis triggered due to shortage of foreign exchange. A sudden rise [...]
Tata Motors to hike prices of commercial vehicles from Apr 1
New Delhi, Mar 22 (PTI) Homegrown auto major Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 per cent, depending upon individual model and variant, from April 1.The increase in the prices of commodities, such as steel, aluminium and other precious metals -- in addition to higher costs [...]
Axtria expects USD 100 mn revenue from India in next 3-5 yrs
New Delhi, Mar 22 (PTI) US-based software firm Axtria expects its India revenue to grow multifold to USD 100 million in the next three to five years as more domestic companies are opting for modern technology tools, a senior company official has said.Axtria CEO Jaswinder Chadha said the company also expects to more than double [...]
BULLION OPENING
SLUG PRICES MUM GENERAL OPEN MARCH 22,2022 MUMBAI, (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 68521.00 STANDARD GOLD (99.5) : 51550.00 PURE GOLD (99.9) : 51757.00 KOLKATA BULLION OPENING ---- PTI MUM SSB SSB SSB
PEPPER COPRA OPENING
MUM PEPPER COPRA OPENING RATES MUMBAI, MAR 22 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 98000 COPRA OFFICE KOZIZODE 96000 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1720 T.P ------------------ PTI MUM [...]
World Refractories Association appoints Pramod Sagar as its president
New Delhi, Mar 22 (PTI) Brussels-based World Refractories Association (WRA) has appointed RHI Magnesita India MD and CEO Pramod Sagar as its president.Sagar is also the chairman of the domestic industry body Indian Refractory Makers Association (IRMA)."He (Sagar) has become the first from entire Asia to be appointed for the Presidentship of the global apex [...]
SBI EXCHANGE RATE
SLUG: DIRECT EXCHANGE RATES SBI BCM – ESPL/ECO/COM MUMBAI,MARCH 22,2022 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 75.65 77.15 75.59 77.31 INR 82.53 85.38 82.47 85.54 GBP/INR 98.80 101.97 [...]
More Fruits and Vegetables on Tibetans’ Tables
LHASA, China, March 18, 2022 /Xinhua-AsiaNet/-- Sunday is a weekly shopping day for Tashi's family. As for groceries, they have much more choices than before. "When I was a child, dumplings and canned food were my dreamy feast," said 70-year-old Tashi while shopping in Porgor Street of Lhasa, capital of southwest China's Tibet Autonomous Region. [...]
Rubix Data Sciences Appointed Validation Agent for Legal Entity Identifier in India
Mumbai, Maharashtra, India – Business Wire India Rubix Data Sciences (Rubix), a technology and analytics-based B2B risk management and monitoring platform, has been appointed as a Validation Agent of the Legal Entity Identifier India Ltd. (LEIL) in India. An agreement to this effect was signed between Rubix and Legal Entity Identifier Ltd. (LEIL) which has [...]
5 Pharma stocks to buy & hold for an upside of up to 35%; Recommended by 5paisa
Shares of pharmaceutical companies were in demand on Monday. Shares like Aurobindo Pharma and Glenmark Pharmaceuticals were up 5% and 4% respectively. The Nifty Pharma Index declined by 17% from its all-time high of 14,398 levels due to the recent sell-off. According to experts, the index might see some upside in the near term with [...]
QuEST Global signs an agreement with Alstom to deliver Engineering Solutions
The company will support Alstom with their engineering needs across Rolling Stock & Components, Digital & Integrated Solutions, and Mobility Services Portfolio BENGALURU, India and PARIS, March 22, 2022 /PRNewswire/ -- Alstom has signed a partnering deal with QuEST Global, the global product engineering services company, to deliver next-gen engineering globally for the rail industry. [...]
Viviana Mall strikes a chord with a #ShameBodyShaming Fashion Show
~ Brave women of different body types walked and owned the ramp ~ ~ #TooMuch Wall expressed a solid show of solidarity for victims of body shaming ~ MUMBAI, India, March 22, 2022 /PRNewswire/ -- Too Fat, Too Skinny, Too Short, Too Tall, Too Dark, Too Fair; these are words women have to listen to [...]
RBI MONEY MARKET OPERATION
Date : Mar 22, 2022 Money Market Operations as on March 21, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 500,966.65 3.42 2.00-5.40 I. Call Money 9,801.35 3.33 2.00-3.60 II. Triparty Repo 361,436.50 3.40 3.10-3.55 III. Market Repo 129,660.80 3.48 2.00-3.65 [...]
HC allows Invesco appeal against injunction on EGM to remove Zee CEO Punit Goenka
Mumbai, Mar 22 (PTI) The Bombay High Court on Tuesday allowed an appeal filed by Invesco Developing Markets Fund, the largest shareholder of Zee Entertainment Enterprises Limited (Zee), against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka. A division bench of Justices S J Kathawalla and Milind [...]
NCP, Cong criticise Centre for fuel price hike
Mumbai, Mar 22 (PTI) The NCP and Congress hit out at the central government on Tuesday over the latest fuel price hike, and questioned the need for increasing the rates at a time when crude oil was imported at “highly discounted rates" from Russia. The petrol and diesel prices were on Tuesday hiked by 80 [...]
Nissan India rolls out 50,000th unit of SUV Magnite
New Delhi, Mar 22 (PTI) Automaker Nissan India on Tuesday said it has rolled out the 50,000th unit of its SUV Magnite from the Chennai plant of the Renault-Nissan alliance.Magnite has so far received over 1 lakh customer bookings in domestic and export markets, Nissan India said in a statement.Commenting on the milestone, Nissan Motor [...]
India is a bit shaky in terms of dealing with aggression of Putin, says Biden
India is a bit shaky in terms of showing support against the Russian invasion of Ukraine, US President Joe Biden has said, asserting that most of the friends and allies of America have presented a united front in terms of dealing with Vladimir Putin's "aggression". On February 24, Russian forces launched military operations in Ukraine, [...]
Woxsen University Collaborates with Monmouth University, USA for Social Impact Project
HYDERABAD, India, March 22, 2022 /PRNewswire/ -- Woxsen University in partnership with Monmouth University, USA, launches the 'Woxsen-Monmouth Elevate Program'. Initiated by the Student Wellness Cell in collaboration with Centre for International Relations, Woxsen University, this will be a six-month program focused on a host of deliverables towards the upliftment of the underprivileged school students [...]
Technicolor Creative Studios Launches Beyond Imagination, a Virtual Festival Focusing on the Future of Creative Technology
Featuring speakers from Disney, Dreamworks, HBO, and more, the five-day free festival will launch on March 21, 2022 Bangalore, Karnataka, India (NewsVoir) Technicolor Creative Studios (TCS) has announced the launch of a free, five-day virtual festival beginning on March 21, 2022, for filmmakers, brands, tech-enthusiasts, and creative production talent. Beyond Imagination will bring together artists, [...]
Trying to revive ‘Captain Vyom’ as full animation project: Ketan Mehta
Dubai, Mar 22 (PTI) Popular late 1990's Doordarshan show "Captain Vyom" is on the way to being adapted as a "full animation project", says director Ketan Mehta.Mehta conceived and directed the 1998 futuristic sci-fi series, starring Milind Soman in the title role, which went on to become a cult classic.The special effects for the show [...]
NEWSALERT
Fitch slashes India's growth forecast for next fiscal to 8.5 pc on high energy prices due to Russia-Ukraine war. PTI JD BAL BAL
LPG Price hiked by Rs 50 per cylinder
New Delhi, Mar 22 (PTI) Domestic cooking gas (LPG) price on Tuesday was hiked by Rs 50 per cylinder in line with a spike in international energy prices, sources said.A 14.2-kg non-subsidised LPG cylinder will now cost Rs 949.50 in the national capital.This is the first increase in LPG rates since early October.Prices have been [...]
NEWSALERT
Domestic cooking gas LPG price hiked by Rs 50 per cylinder; to cost Rs 949.50 per 14.2-kg bottle: Sources. PTI ANZ AMS
Sebi bars Quest Fin Services Ltd, 6 individuals from securities market
New Delhi, Mar 21 (PTI) Capital markets regulator Sebi on Monday barred Quest Financial Services Ltd (QSFL) and six individuals from the securities market for a period ranging from six months to one year as well as imposed penalties totalling Rs 76 lakh for various violations. The directions passed against them through the final order [...]
Rajasthan Assembly passes 2022-23 budget
Jaipur, Mar 21 (PTI) The Rajasthan legislative assembly on Monday passed the state budget by voice vote with Chief Minister Ashok Gehlot making several announcements including discontinuation of 10 percent monthly deduction from the salaries of state government employees for the new pension scheme from April this year. He also announced a policy regarding the [...]
FutureCure Health secures Rs 30 crore in series A funding
New Delhi, Mar 21 (PTI) Health tech startup FutureCure Health has secured around USD 4 million (about Rs 30.4 crore) in series A funding round from RVCF India Growth Fund, Unicorn India Ventures, Kotak Investment Advisor Limited, and other investors, the company said on Monday. The company plans to use the funds for developing technologies [...]
Leverage Edu raises USD 22 million from several investors
New Delhi, Mar 21 (PTI) City-based edtech platform Leverage Edu has raised USD 22 million in series B funding round from several investors, including Kaizenvest Private Equity, DSP Mutual Fund Group, Artha Ventures, etc. Blume Ventures, DSG Consumer Partners, Tomorrow Capital, Chona Group (behind Havmor), FMCG player Vicco, Mankind Pharma, Trifecta Ventures and Bennett Coleman [...]
EPFO interest rate better than other schemes, reflects today’s realities: FM in RS
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower. Replying to a debate [...]
Will ensure abundant liquidity for credit system to function normally: RBI Governor
Mumbai, Mar 21 (PTI) Reserve Bank of India will ensure abundant liquidity in the market for the credit system to function normally, Governor Shaktikanta Das said on Monday. He emphasised that even as RBI is pulling out liquidity given over the last two years to support various sectors, there will be enough liquidity to meet [...]
India comfortably placed to deal with any effect of spillover: RBI Das
Mumbai, Mar 21 (PTI) Reserve Bank Governor Shaktikanta Das on Monday said with the country's foreign exchange reserves at USD 677 billion, it is comfortably placed to deal with any spillover effects and for financing of the current account deficit. Over the last three years, the country's foreign exchange reserves have surged by USD 270 [...]
Shankara Building MD offloads co’s shares for over Rs 75 crore
New Delhi, Mar 21 (PTI) Shankara Building Products Ltd's Managing Director Sukumar Srinivas on Monday offloaded over 10 lakh shares of the company for Rs 75 crore through an open market transaction. According to the block deal data on NSE, he sold 10 lakh shares at an average price of Rs 755 apiece. This took [...]
RBI Guv allays stagflation fears, says Ukraine war to have minimal impact on India
Mumbai, Mar 21 (PTI) Firmly ruling out the prospects of the economy falling into stagflation -- a situation of prices shooting over the roof and growth plunging -- Reserve Bank Governor Shatikanta Das on Monday instead said prices are set to fall as the impact of the ongoing Ukraine war on the country seems to [...]
Focus on R&D to cut import of vaccines, feed additives: Govt tells poultry industry
New Delhi, Mar 21 (PTI) Minister of State of Fisheries, Animal Husbandry and Dairying Sanjeev Kumar Balyan on Monday asked the poultry industry to focus on research for reducing import dependence on vaccines and feed additives. Addressing a CII conference, Balyan recommended the reconstitution of the poultry advisory committee for connecting all stakeholders. He also [...]
Parl panel asks Dept of Pharmaceuticals to explore alternative funding ways to set up new NIPERs
New Delhi, Mar 21 (PTI) A Parliamentary panel on Monday asked the Department of Pharmaceuticals (DoP) to explore alternative ways of funding, including contribution from state governments, to set up five new National Institute of Pharmaceutical Education and Research (NIPERs) in the country. The Standing Committee on Chemicals and Fertilisers said it is [...]
Advertising sector to touch Rs 1 lakh cr revenue by 2024, says EY-FICCI report
New Delhi, Mar 21 (PTI) The Indian advertising sector is expected to grow with a CAGR of 12 per cent and should reach Rs 1 lakh crore revenue by 2024, said a joint report by industry body Ficci and consultancy firm EY. The Indian Media and Entertainment sector revenue grew 16.4 per cent to Rs [...]
Equitas SFB, Equitas Holdings okay scheme of amalgamation
New Delhi, Mar 21 (PTI) The boards of Equitas Holdings and its subsidiary Equitas Small Finance Bank (ESFBL) have approved their merger plan, according to regulatory filings. The boards of directors of the two companies at their respective meetings approved the scheme of amalgamation between Equitas Holdings Ltd (transferor company) and Equitas Small Finance Bank [...]
SUD Life, Vakrangee join hands to sell insurance policies in smaller towns
New Delhi, Mar 21 (PTI) Star Union Dai-ichi Life Insurance (SUD Life) will tap customers living in smaller towns and rural areas through a partnership with Vakrangee. SUD Life is a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life Japan. The partnership with the fintech player, which is at the [...]
Parliamentary panel for framing price control regime for COVID medicines, medical devices
New Delhi, Mar 21 (PTI) A Parliamentary panel has recommended framing a new price control regime specific for medicines and medical devices for COVID-19 management and put them under price control with no annual increase in prices allowed till the pandemic is entirely over in the country. The Parliamentary Standing Committee on Chemicals and Fertilisers, [...]
Bank of India invests nearly Rs 109 cr in NARCL
Bank of India (BoI) on Monday said it has invested nearly Rs 109 crore in National Asset Reconstruction Company Ltd (NARCL). "We hereby inform that on March 21, 2022, bank has invested Rs 108.81 crore in National Asset Reconstruction Company Ltd (NARCL), under preferential share issue," the bank said in a regulatory filing. The bank's [...]
VFX fastest growing segment, Indian OTT content going global: FICCI-EY Report
Dubai, Mar 21 (PTI) Indian animation and visual effects industry is now a back office of the world, making it the fastest growing sector this year with a growth around 57 per cent, according to FICCI-EY Report on Media and Entertainment released here Monday.The rise of the VFX segment further signals to its double growth [...]
SC-appointed panel was against repealing 3 farm laws; favoured scrapping Essential Commodities Act
New Delhi, Mar 21 (PTI) The Supreme Court-appointed panel was not in favour of total repeal of the three controversial farm laws and instead had suggested leaving procurement of crops at a specified price to the states and scrapping of Essential Commodities Act, one of the three members of the panel said on Monday while [...]
India’s import of Russian oil less than 1% of total; share from US to rise: Puri
New Delhi, Mar 21 (PTI) India buying more volumes of crude oil from Russia is still less than 1 per cent of the total oil imports while the volumes from the US will rise significantly, Petroleum Minister Hardeep Singh Puri said on Monday. Replying to supplementaries during the Question Hour in the Rajya Sabha, he [...]
Par panel seeks sufficient budget allocation for fertilisers dept
New Delhi, Mar 21 (PTI) A Parliamentary panel on Monday expressed concern over inadequate budgetary allocation for department of fertilisers for 2022-23 fiscal and asked the finance ministry to allocate sufficient funds in Budget itself for timely and optimum utilisation of the amount. The standing committee on chemicals and fertilisers in its report on 'Demand [...]
Sebi levies Rs 15 lakh fine on 3 entities in illiquid stock options case on BSE
New Delhi, Mar 21 (PTI) Capital markets regulator Sebi on Monday imposed penalties totalling Rs 15 lakh on three entities for indulging in non-genuine trades in illiquid stock options on BSE. In three separate orders, the regulator levied a fine of Rs 5 lakh each on Sanjay Bansal, Abhishek Sheth HUF and Abhishek Mall. The [...]
Crypto mining cost not to be allowed as deduction under I-T Act: Govt
New Delhi, Mar 21 (PTI) Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the Income Tax Act, Minister of State for Finance Pankaj Chaudhary said on Monday.In a written reply to the Lok Sabha, Chaudhary said the government will come out with a [...]
Rajasthan to give Rs 20,000 cr of crop loans next year: minister
Jaipur, Mar 21 (PTI) Short-term crop loans of Rs 18,000 crore have been disbursed to farmers in Rajasthan this year and that of Rs 20,000 crore are expected to be sanctioned in the coming year, a state minister said on Monday. State Cooperative Minister Udai Lal Anjana gave this information in reply to a question [...]
Govt should extend period of loan repayment under ECLGS for MSMEs: Parl panel
New Delhi, Mar 21 (PTI) A Parliamentary panel on Monday suggested that the government should extend the period of repayment of loans under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector. The Parliamentary standing committee on industry has also asked the government to digitise the GST system to ensure paperless refund of [...]
Indian Potash Ltd signs pact with Israel Chemicals to buy 6-6.5 lakh tonnes of MOP annually
New Delhi, Mar 21 (PTI) Indian Potash Ltd on Monday signed an agreement with Israel Chemicals Ltd for supply of 6-6.5 lakh tonnes muriate of potash (MOP) annually during 2022-27 period. The collaboration is aimed at boosting domestic availability of fertilizers. According to an official statement, Indian Potash Ltd (IPL) signed a Memorandum of Understanding [...]
Govt sanctions armed CISF cover for Reliance Jio World Centre in Mumbai
New Delhi, Mar 21 (PTI) The Union government has sanctioned armed security cover of over 200 CISF personnel to guard the recently launched Jio World Centre, a business and entertainment centre in Mumbai developed by Reliance Industries Ltd (RIL).The centre, touted to be about 12 times larger than a FIFA football field and 10.3 times [...]
EPFO interest rate better than other schemes, reflects today’s realities: FM in RS
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower. Replying to a debate [...]
No foreigners among 132 passengers in crashed Chinese plane
Beijing, Mar 21 (PTI) There were no foreigners among the 132 people on board the Chinese passenger plane which crashed in the southern Guangxi Zhuang Autonomous Region on Monday, the official media reported. The Boeing 737 aircraft of China Eastern Airlines, which flew from Kunming to Guangzhou, crashed in Tengxian County in the city of [...]
No prospect of economy falling into stagflation vortex, says RBI guv
Mumbai, Mar 21 (PTI) There is no prospect of the economy falling into a stagflation vortex and retail inflation is expected to moderate going forward, Reserve Bank Governor Shaktikanta Das said on Monday, notwithstanding fears of imported inflation given the massive spike in commodity prices, especially crude oil, after Russia invaded Ukraine last month. Already [...]
SWAMIH fund achieves completion of Panchsheel Greens 2 in Greater Noida
New Delhi, Mar 21 (PTI) Government-sponsored SWAMIH fund has achieved completion of the second phase of housing project Panchsheel Greens 2 in Greater Noida, near here, and keys have been handed over to homebuyers, the Finance Ministry said on Monday. Within eight months of project receiving SWAMIH funding, Phase 2 launched in 2012 of Panchsheel [...]
Realistic Realtors facilitates leasing of 70K sq ft office space in Ahmedabad to US firm
New Delhi, Mar 21 (PTI) Property consultant Realistic Realtors on Monday said it has facilitated the leasing of 70,000 square feet of managed office space in Ahmedabad to US-based Analytix Business Solutions. The tri-party agreement has been facilitated between Sun Builders Group, The Address and US-headquartered Analytix Business Solutions (I) Pvt Ltd, the Gurugram-based consultant [...]
REC board okays Rs 85,000 cr borrowing plan for 2022-23
New Delhi, Mar 21 (PTI) The board of state-run REC on Monday approved a proposal to raise up to Rs 85,000 crore in 2022-23 which includes Rs 75,000 crore from different type of bonds, term loans, external commercial borrowing among others. "The Board of Directors of REC Ltd in its meeting held on March 21, [...]
EV makers would need govt support for longer term: Par panel
The electric vehicle manufacturers would need government support for a longer term until the EV market becomes self-sustainable, more affordable and within the reach of the common man, a Parliamentary panel said in a report on Monday. The department-related parliamentary standing committee on industry has also expressed concerns over a "lacklustre progress" in both physical [...]
EPFO interest rate better than other schemes, reflects today’s realities: FM in RS
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday asserted that the proposed 8.1 per cent interest rate on employees' provident fund is better than interest rates offered by other small savings schemes, and the revision is dictated by the realties of the current times. The EPFO's central board takes a call on [...]
PVR launches movie NFT of RRR
New Delhi, Mar 21 (PTI) Film exhibition major PVR Ltd on Monday announced the launch of its movie non-fungible token (NFT) 'PVRRR' in association with DVV Entertainment, the producers of the upcoming movie RRR, as it looks to add another avenue for promoting movies. The PVRRR NFTs, which are powered by ngageN, will be available [...]
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